-
Treating former home as main residence
Posted by Team AVS on 24 Oct, 2024 0 CommentsHow the CGT main residence exemption works if you move out and use the 6-year rule when renting out your former home.
How it works
Your main residence (your home) is generally exempt from CGT.
Usually, a property stops being your main residence when you stop living in it. However, for CGT purposes you can continue treating a property as your main residence:
for up to 6 years if you used it to produce income, such as rent (sometimes
How ETFs work
An ETF is a managed fund that lets you buy or sell units on a registered exchange such as the Australian Stock Exchange (ASX).
When you invest in an ETF, you purchase units in a trust that owns investments, rather than owning the assets personally.
Many online trading platforms allow you to purchase ETF units yourself, or you can use a broker or financial adviser to buy units in an ETF.
What types of investments can be h
An ETF is a managed fund that lets you buy or sell units on a registered exchange such as the Australian Stock Exchange (ASX).
When you invest in an ETF, you purchase units in a trust that owns investments, rather than owning the assets personally.
Many online trading platforms allow you to purchase ETF units yourself, or you can use a broker or financial adviser to buy units in an ETF.
What types of investments can be h
AVS BusinessServices @ What the